Definitions for Business Model Canvas
For awhile I've been taking classes online for entrepreneurship this is just one of many articles I will be writing. Here this the start of them and some notes for myself, under the label "business". Value Propositions - an innovation, service, or feature intended to make a company or product attractive to customers. Customer segmentation - is the practice of dividing a customer base into groups of individuals that are similar in specific ways relevant to marketing, such as age, gender, interests and spending habits. Customer segmentation, also called consumer segmentation or client segmentation, procedures include: Deciding what data will be collected and how it will be gathered Collecting data and integrating data from various sources Developing methods of data analysis for segmentation Establishing effective communication among relevant business units (such as marketing and customer service) about the segmentation Implementing applications t